$FLUX — SHORT SETUP
FLUX is showing weakness after rejection near $0.0900. On the 1H chart, sellers have pushed price down toward $0.0848, with consecutive bearish candles suggesting that buying momentum is fading.
Trade Plan
Entry: $0.08520 – $0.08550
TP1: $0.08400
TP2: $0.08300
TP3: $0.08220
Stop Loss: $0.08610
Key level: $0.0840. A decisive break below this support could open the way toward $0.0822. If price reclaims $0.0855 and holds above it, the short setup weakens.
Trader's view: The bearish structure favors a short, but price is already falling. Waiting for a pullback and rejection is preferable to chasing the move.
TRADE 👇
FLUX is showing weakness after rejection near $0.0900. On the 1H chart, sellers have pushed price down toward $0.0848, with consecutive bearish candles suggesting that buying momentum is fading.
Trade Plan
Entry: $0.08520 – $0.08550
TP1: $0.08400
TP2: $0.08300
TP3: $0.08220
Stop Loss: $0.08610
Key level: $0.0840. A decisive break below this support could open the way toward $0.0822. If price reclaims $0.0855 and holds above it, the short setup weakens.
Trader's view: The bearish structure favors a short, but price is already falling. Waiting for a pullback and rejection is preferable to chasing the move.
TRADE 👇